Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. BB&T served as administrative agent for the 17-bank lender group.
Tree Line Capital Partners expanded its lower middle-market direct lending platform with $267 million of new capital. The company also promoted Frank Cupido to partner.
City National Bank hired 16 new bankers for its food and beverage team. Launched a year ago, the team has already been a lender to more than 20 companies in transactions totaling more than $500 million in commitments.
Medley Management amended its credit facility, extending the maturing date to March 31, 2020 and keeping the amount of the revolver at $15 million.
Main Street Capital expanded the total commitments under its credit facility from $560 million to $585 million. BB&T served as administrative agent for the banking syndicate.
Freshpet entered into a loan and security agreement with City National Bank as arranger and administrative agent that provided for a new $30 million revolving credit facility.
City National Bank named former Wells Fargo executive John R. Randall as its chief credit officer and a member of its executive committee.
The Trade Desk entered into a $200 million, five-year senior secured credit facility. Citibank acted as lead arranger and administrative agent.
Apollo Investment entered into an amended and restated revolving credit facility for up to $1.14 billion with a maturity date of December 22, 2021. JPMorgan Chase served as administrative agent.